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AMBRY forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc

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AMBRY Broker Trade

  

Ambry Trade: A Comprehensive Review of the Forex Broker

  The foreign exchange (Forex) market is one of the largest and most liquid financial markets in the world, with a daily trading volume exceeding $6 trillion. In this dynamic environment, brokers play a crucial role in facilitating trades for individual investors and institutions alike. One such broker is Ambry Trade, which has emerged since its establishment in 2020. This article aims to provide a detailed overview of Ambry Trade, addressing three core questions:

  • What are the trading conditions and offerings of Ambry Trade?
  • How does the trading platform perform, and what products are available?
  • What are the advantages and disadvantages of trading with Ambry Trade?
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    Broker Overview and Trading Conditions

    Established Regulatory Authority Headquarters Minimum Deposit Leverage Average Spread
    2020 None Hong Kong $0 Up to 1:500 Variable (not specified)

      Ambry Trade is a relatively new entrant in the Forex brokerage landscape, founded in Hong Kong in 2020. However, it is important to note that the broker operates without any regulation from recognized financial authorities, which raises concerns about investor protection and the overall security of funds. The absence of a minimum deposit requirement is appealing for beginners, allowing them to start trading with minimal financial commitment.

      In terms of leverage, Ambry Trade offers competitive ratios of up to 1:500, which can amplify potential profits but also increases the risk of significant losses. The average spread is variable and not explicitly stated, which makes it challenging to evaluate its competitiveness compared to industry standards.

      

    Trading Platforms and Product Analysis

      Ambry Trade primarily utilizes the MetaTrader 4 (MT4) platform, renowned for its user-friendly interface and extensive functionality. MT4 supports various trading strategies, including automated trading through Expert Advisors (EAs), and offers a range of technical analysis tools, including customizable charts and indicators.

      

    Available Currency Pairs

    Currency Pair Category Number Offered Minimum Spread Trading Hours Commission Structure
    Major Currency Pairs 20 1.0 pips 24 hours None (variable)
    Minor Currency Pairs 15 1.5 pips 24 hours None (variable)
    Exotic Currency Pairs 10 2.0 pips Limited availability None (variable)

      Ambry Trade offers a diverse selection of currency pairs, including major, minor, and exotic pairs. The minimum spreads for major pairs start at 1.0 pips, which is competitive but may vary based on market conditions. Trading occurs around the clock, allowing traders to engage with the market at their convenience. The absence of a commission structure can be advantageous for frequent traders, although it is essential to consider the impact of spreads on overall trading costs.

      Execution speed and slippage are critical factors in trading performance. While specific data on execution speed is not provided, the MT4 platform is known for its reliability and efficiency. However, traders should remain vigilant, as slippage can occur during volatile market conditions, potentially impacting trade outcomes.

      

    Advantages, Disadvantages, and Security Assessment

      

    Advantages:

    • User-Friendly Trading Platform: The MT4 platform is widely recognized for its ease of use and robust features, making it suitable for both novice and experienced traders.
    • No Minimum Deposit Requirement: This allows new traders to start with minimal financial risk, fostering an accessible trading environment.
    • High Leverage Options: The availability of leverage up to 1:500 can significantly enhance profit potential for experienced traders.
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      Disadvantages:

      • Lack of Regulation: Ambry Trade operates without oversight from recognized regulatory bodies, which poses risks regarding fund security and dispute resolution.
      • Variable Spreads: While spreads may be competitive, the lack of transparency regarding average spreads can lead to unexpected trading costs.
      •   To ensure the safety of funds, Ambry Trade should ideally implement measures such as segregated accounts and negative balance protection. However, given the absence of regulation, traders may find limited recourse in the event of disputes or issues with withdrawals. Customer satisfaction data is sparse, with a low WikiFX score of 1.42 out of 10, indicating significant concerns regarding the broker's credibility.

          

        Practical Strategy and Summary Recommendations

          For traders utilizing Ambry Trade's platform, a basic trading strategy could involve a combination of technical analysis and risk management. For example, traders can use support and resistance levels to identify entry and exit points while employing stop-loss orders to mitigate potential losses.

          In summary, Ambry Trade presents a mixed bag of opportunities and risks. While it offers a user-friendly platform and accessible trading conditions, the lack of regulation and transparency raises red flags. This broker may be suitable for experienced traders who understand the risks involved and are comfortable navigating an unregulated environment.

          

        FAQ Section

          1. Is Ambry Trade a regulated broker?

          No, Ambry Trade operates without regulation from recognized financial authorities, which poses risks for traders.

          2. What trading platforms does Ambry Trade offer?

          Ambry Trade primarily offers the MetaTrader 4 (MT4) platform, known for its user-friendly interface and advanced trading features.

          3. What are the minimum deposit requirements for trading with Ambry Trade?

          There is no minimum deposit requirement, allowing traders to start with any amount they choose.

          Risk Warning: Trading in Forex and other financial markets involves significant risk and may not be suitable for all investors. Always ensure you understand the risks involved and seek independent financial advice if necessary.

AMBRY trade